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Author Topic: EUR/USD  (Read 188286 times)

Offline fxopen78

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Re: EUR/USD
« Reply #990 on: October 04, 2021, 12:46:00 AM »
Last week price formed bulls candles, the price indeed already too low, it possible on this week will retrace,
at present H1 figures out the bull candle, it already breaks high, but let see what happens later.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #991 on: October 04, 2021, 01:49:55 PM »
It found some support at 1.1560 and bounced off from it. After such a drop some correction is expected, but I think it remains bearish in the long-term.

Offline fxopen78

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Re: EUR/USD
« Reply #992 on: October 04, 2021, 11:24:18 PM »
The pattern formed reversal candle, if use Elliot wave theory, the next wave may occur to bullish but not exceed the previous higher.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #993 on: October 05, 2021, 01:27:43 PM »
It's consolidating around 1.1600, so far it's quite undecided. That said, I do think we'll be seeing a correction to the upside.

Offline fxopen78

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Re: EUR/USD
« Reply #994 on: October 06, 2021, 12:20:21 AM »
The price drops now consolidation in H1 timeframe, based weekly indeed tend to bearish

Offline Eliza Abrams

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Re: EUR/USD
« Reply #995 on: October 06, 2021, 03:23:53 PM »
It remains very bearish. I think it will soon depreciate further to 1.1500.

Offline fxopen78

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Re: EUR/USD
« Reply #996 on: October 07, 2021, 12:04:54 AM »
Yes. It breaks low and formed a long body candle, moving average show downtrend, volatility increase based Bollinger band line, amid US inflation but the currency gets strongest.

Offline drunkfx

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Re: EUR/USD
« Reply #997 on: October 07, 2021, 06:39:50 PM »
It remains very bearish. I think it will soon depreciate further to 1.1500.

Yeah it currently consolidates before it starts to test major support levels as 1.15. Possible it should happen after NFP release.

Offline fxopen78

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Re: EUR/USD
« Reply #998 on: October 07, 2021, 10:30:10 PM »
NFP news currently often giving temporary impact, the trader needs to be carefully handy the news impact, almost technical trader stay away from news time because risky.

Offline Carlos55

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Re: EUR/USD
« Reply #999 on: October 08, 2021, 11:34:17 AM »
The EURUSD price formed a bull candle last week, and the prices seem to be lower than usual. My advice to traders would is to be careful and watch out when trading with EURUSD.

Offline fxopen78

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Re: EUR/USD
« Reply #1000 on: October 11, 2021, 01:02:57 AM »
I can see on M5 there is gap down occurs, but the price already recovers the gap.
moving average still shows bearish but in h1 price move on BB line.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #1001 on: October 11, 2021, 02:01:22 PM »
It's consolidating around 1.1560 at the moment but I think we'll see another depreciation this week, possibly after some retracement.

Offline drunkfx

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Re: EUR/USD
« Reply #1002 on: October 11, 2021, 07:54:25 PM »
It's consolidating around 1.1560 at the moment but I think we'll see another depreciation this week, possibly after some retracement.

Do you still expect that it will continue sliding. Dollar gains are apparently fizzling out as 94.50 looks unsurmountable barrier.

Offline fxopen78

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Re: EUR/USD
« Reply #1003 on: October 11, 2021, 10:47:49 PM »
Take a look monthly, two months pair tend to bearish, and possible to continue, I think crisis energy in several countries in Europe giving impact to currency, the high inflation rate could to make currency drops

Offline Eliza Abrams

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Re: EUR/USD
« Reply #1004 on: October 12, 2021, 01:51:05 PM »
As I thought, the move south continues, there wasn't even a retracement before that. Next target, I think, is around 1.1500, but it will likely break out below that level too.

 

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